Is it achievable?
Since Carl is unsure if he can save more every month with his current income, he should focus on whether his goal is achievable given his financial situation. This will help him determine if he needs to make any adjustments to his goal or create a more realistic plan.
Carl is new to financial planning and goal making, but one thing is clear to him: he wants to save a lot more every month. With his current income, he’s not sure if it will be possible. He’d like to achieve this goal beginning next month, but again he’s not sure if it can happen. Which question from the SMART goal framework should Carl MOST likely focus on?%0D%0A%0D%0A(1 point)%0D%0AResponses%0D%0A%0D%0AIs it specific?%0D%0A%0D%0AIs it specific?%0D%0A%0D%0AIs it measurable?%0D%0A%0D%0AIs it measurable?%0D%0A%0D%0AIs it achievable?%0D%0A%0D%0AIs it achievable?%0D%0A%0D%0AIs it timely?
1 answer